Retirement Income Streams
Having enough income in your retirement to fund a desired lifestyle is critical to your ability to enjoy your retirement years. Retirement income streams are a popular investment choice for retirees as a way of producing regular income. These are investments which provide a regular drawdown consisting of investment income and sometimes capital proceeds that can be used to cover day to day living expenses sometimes supplementing the aged pension or income from other assets.
As there are several types of income streams available, it’s important to carefully consider the benefits and draw-backs associated with each and decide which one best suit the individual needs of the retiree.